Over the last week, both major financials and techs sold off substantially, another sign that one major sector is doing nothing to offset the other. Taken in tandem with GE’s (NYSE: GE)…
Citigroup (NYSE: C) cannot syndicate its EMI loan, AMD (NYSE: AMD) has lost its CTO, Fedex’s (NYSE: FDX) CEO sees a slowdown in the economy, and Nokia (NYSE: NOK) can’t sell phones…
General Electric Co. (NYSE: GE) poor earnings report may be a shock to most. When you consider that the annual preview was just given one month ago, this flies in the face…
It is time for Jeff Immelt to leave. His plans for GE’s long-term future are a wreak. GE’s pitch that being in many businesses is better than one and being in businesses…
Douglas A. McIntyre Streaming Media Magazine and Streamingmediia.com have released their list of the twenty-five most important people in in the streaming media industry over the last decade. “I suppose if you extend the baseball…
According to Reuters, Bernanke says that the current financial system can be fixed. Reuters writes that Google (GOOG) is using Frank Quattrone as its investment bank advisor. Reuters reports that banks involved…
On Friday morning, we’ll see earnings out of General Electric Co. (NYSE: GE). The largest conglomerate’s estimates from First Call are $0.51 EPS on more than $43.6 Billion in revenues. GE does…
Douglas A. McIntyre The short interest in NYSE stocks hit a record for the March 31 period. The number compare to those on March 14. Shares short in banks and brokerages began to drop. Short…
American Express Co. (NYSE: AXP) and GE Money, part of General Electric (NYSE: GE), have announced that American Express will purchase Corporate Payment Services, GE’s commercial card and corporate purchasing business unit. …
GE (NYSE: GE) is considering buying up to fifity Boeing (NYSE: BA) 737 jets to lease to airlines. According to Bloomberg "The order may be valued at as much as $3.53 billion,…
Merrill Lynch has made a key reversal call in the conglomerate sector. It has raised General Electric (NYSE: GE) to Buy from Neutral, and it has downgraded 3M (NYSE: MMM) to Neutral…
The story is the same every decade or so. Bad economic times cause well-known businesses to fail. They are bought out and merged, and they simply cease to exist as the public…
Another blank check company has joined the list of pending IPO’s. National Security Solutions Inc. is the next SPAC or special purpose acquisition company to submit an IPO filing. The offering is…
Douglas A. McIntyre For those intrepid enough to go into the market today, there are some stocks that are down under 1%. Some are even up slightly. A shopping list for the insane: Micrsoft (NASDAQ:MSFT),…
Those rummaging through the garbage of 52-week low lists are usually bottom-fishing investors or desperate CEOs. But, the list is so broad that it has become a tableau of the market as…